A quick note on $S just now: -8.6% in 5 minutes.
A sharp drop doesn’t necessarily mean the trend has turned bad; the daily chart structure should also be taken into account. I’ve learned the hard way by chasing these kinds of rapid moves, so when I see one, I take a moment to stay calm first.
For the record only—not trading advice.
A sharp drop doesn’t necessarily mean the trend has turned bad; the daily chart structure should also be taken into account. I’ve learned the hard way by chasing these kinds of rapid moves, so when I see one, I take a moment to stay calm first.
For the record only—not trading advice.